Tax laws continually change. Stay up to date and learn how tax developments could impact your income, savings, investments, and estate.
Managing taxes with your savings
If the value of what you're putting in your retirement portfolio—investments, your home and other real estate, and family heirlooms—appreciates over the years, these components could create increased tax exposure when you retire, or estate taxes later on. Ask your financial advisor how you can help protect your growing assets.
With professional tax and estate planning, you can help ensure your heirs inherit what you want to give them. Ask your financial advisor how you can help protect your growing assets, your retirement income and your legacy.
This tax season - what you need to know
Few people get all that excited about tax season. Collecting last year's receipts or deciding whether to file a 1040 or a 1040EZ isn't anyone's idea of a good time (except maybe your accountant's). Fortunately, there's one good thing that can come from the process: a refund check.
Some common questions and topics to review this tax season include:
- This year's tax updates – Find out how new tax developments could impact you.
- When your child should file a tax return – See if your child has earned enough to file.
- File taxes when self-employed – Learn about the tax issues you’re likely to face.
- Property taxes – Find out how property taxes are calculated.
- IRS limits and your retirement savings – Learn about IRS limits if you contribute to your workplace retirement plan.
- IRS advantages of life insurance – Protect your family and discover the tax benefits of life insurance.
Working with a CPA/Accountant
Depending on your circumstances, it may make sense for you to work with a Certified Public Accountant (CPA) during tax season, and beyond. A CPA is a strategic partner who will prepare taxes, provide auditing services and help maximize your tax savings opportunities in the upcoming year. They will be able to help you make the most of your savings, investments, and taxes.
Learn about the different kinds of financial advisors, and see what type is right for you.
2016 tax information
- IRS Form 1099-R FAQ (PDF)